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Philip V (1700-1746)
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From the 1715 Fleet
L39. Lima 1712 M eight escudos. Choice near mint state with the highly prized double date (712 in the legend). NGC "1715 Plate Fleet AU 55". Unlike the next 1712, this is a perfect example of what a Fleet Lima should looks like when it comes from Colored Beach, the wrecksite of the 1715 Fleet patache Nieves. Beautiful golden color with just a hint of sea effect. At 11 o'clock on the pillar side there is the highly desirable three digit second date 712--partially obscured by the damn prong! This 1712 comes with a very desirable Real 8 certificate signed by the late Lou Ullian.
Available. Price on request. terravitan@aol.com or 480-595-1293
***************************************************************** L37. Lima 1712 M eight escudos, a choice near mint state Lima onza NGC graded AU 55 and certified as 1715 Plate Fleet. Very well struck on a large planchet. Bold undoubled cross, pillars, and crown (more than 2/3 of Fleet Limas have significant doubling problems). The distinctive dark matrix and coral allows us to locate its salvage to the Cabin Wreck, the wrecksite of General Ubilla's almiranta Santo Cristo de San Roman. Though 1712 Lima onzas have been recovered in some numbers from the Nieves site, this is only the third 1712 onza I have seen from the San Roman.
Available. Price on request. terravitan@aol.com or 480-595-1293
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Assayer Vargas is (justly) notorious for the terrible quality of the onzas struck in his tenure. Coins are often heavily doubled and almost illegible. Clearly quality control had been abandoned. This 1746, at the very end of his tenure, is one of his best efforts, probably by chance. The death of Philip V in 1746 and a great earthquake at Lima in the same year called forth a fairly large memorial issue adored with stars (con estrellas). Early in 1746, before these tragedies overtook Lima, the mint issued a smaller quantity of normal (sin estrellas) onzas. Only a handful of these early issues survive and this is new variety, similar to Calico 346-347, but different and unique. This is the highest graded and finest of the "starless" 1746 onzas, the very last coinage of Philip V (1700-1746).
terravitan@aol.com or 480-595-1293
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